Post
Topic
Board Trading Discussion
Re: Journey from gambling to trading
by
Harlot
on 01/11/2018, 17:02:19 UTC
Depending on how you trade it is still gambling.

You are like betting the price will move on the direction you bet.

I don't think so, what you are not doing is betting on where it will go but you are buying something where you put some educational background on it before you even buy it. In gambling you only have some patterns and last outvomes of the bet yet it doesn't really increase your chances on guessing the right bet. With technical analysis you are actually limiting the risk as TA helps you find out where the trend might be which has been proven even in other markets that it works. Please do not mix the two again. As just by buying it without doing any research is only guessing that it will go up.